Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 16 BR |
| Bathrooms: | 16 |
| Area: | 12197 sq ft |
| Lot Size: | 0.28 Acres |
FinancialsPrice:$5,605,000
Price:$5,605,000
Listing Courtesy of Paloma Realty Partners, Inc.
DescriptionPaloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.NeighborhoodMore listings:
Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.
More listings:
8730 Holloway Dr 16BR Sunset Strip La
DescriptionPaloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.NeighborhoodMore listings:
Paloma Realty Partners is proud to present 8730-8736 Holloway Drive, a 16-unit value-add multifamily offering located in the heart of West Hollywood just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling 10,744 SF of rentable space, situated on a 12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood's premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces(12 covered, 4 open) and is located close to popular hotspots, keeping the neighborhood in high demand among affluent renters.
More listings:
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
